Portfolio management serves as the first line of defense in managing and maintaining the credit quality of the portfolio. The Portfolio Manager will have the following duties and responsibilities, including but not limited to:
- Monitor quality, performance, and exit strategy of an assigned commercial loan portfolio
- Responsible for timely satisfaction and compliance with Investor requirements
- Client Relationships: Build and maintain relationships with Borrowers and Loan Guarantors for assigned portfolio; ensure timely responses and processing of requests; work in conjunction with underwriting and screening for any refinance opportunities
- Financial Analysis: For loans within assigned portfolio, perform quarterly analysis of property operations and borrower wherewithal; review any noted variances with the borrower; conduct market research and analysis relative to the assigned portfolio to determine how the asset is performing relative to competition; review budgets for accuracy and feasibility; identify potential weaknesses relative to property performance.
- Loan document review and interpretation to ensure Borrowers remain in compliance with loan covenants
- Property Physical Condition: Evaluate physical property condition and overall maintenance of collateral; conduct physical property inspections; review third party inspection reports for accuracy and completeness; follow up on any observed deferred maintenance; ensure all immediate repairs, capital improvements, insurance losses, and rehabilitation items are completed on time and on budget.
- Borrower Consents and Requests: Review and approve all draw requests for completion and accuracy prior to funding; review consents requests (such as insurance losses, easements, partial releases, management changes, etc.) to ensure completeness, compliance with the loan documents and appropriate investor guides; provide recommendations to management and investors.
Education: High school diploma or equivalent; Bachelor’s degree in business, Finance, or a related discipline or equivalent work experience preferred.
Experience: 3+ years experience in finance or related field. Exposure to real estate, risk and financial analysis, valuation of commercial real estate properties, underwriting or asset management, client relationship management, distressed loan workouts, capital markets and property rehabilitations is desired.
Knowledge/Skills/Abilities:
- Advanced Microsoft Office Skills
- Strong analytical skills with high attention to detail and accuracy
- Strong organizational, time management, and prioritizing skills
- Excellent verbal, written, and interpersonal communication skills
- Ability to work independently and on teams in a fast-paced environment with strict deadlines
- Loan servicing system experience a plus
Travel: Quarterly
Source: Arbor Realty Career Page
Tagged as: REIT